Shervin Hawley of Sudbury and Brian Fanslau of Alna, Maine will be the new management. The beloved theme park has been around for 75 years, and went on sale this past April.
The company didn't publish a sale price for the complex, but the company's property holdings are valued at more than $9.5 million by the local Assessors' Office.
The current ownership says the new operators are "committed to the long-term success of Edaville as a traditional family park," which focuses on its trains and family activities.
Edaville says it is focusing on its November holiday season opening, and its Thomas Land and Dino Land attractions will be closed this year.
Tickets will go on sale with its new website launch, on Labor Day.